Post by
kingscorpion on Jul 08, 2021 5:33pm
Look at some of large caps
Look at Microsoft s and royal banks 10 year chart You will see there were times when the stock price was dead for a period extending to 2 years Not just Microsoft but many large and mid caps have gone thru this scenario. Now if CVX was a grass root still trying to prove earnings and the s.p is coming down then I would have been the 1st one to run but CVX is Lafarge s business associate has growing revenues and is in a growth mode When they make their acquisitions down the states and their foot print in North America will get bigger so will their revenues You are "INVESTING NOW FOR TOMORROW" while the s.p is dirt cheap Dont invest tomorrow for tomorrow because you will end up buying the shares much much higher. Pick your point of entry and be PATIENT. and don't put a STOP LOSS on your holdings
Comment by
Alwayscrazy on Jul 09, 2021 7:46am
To Kingscorpion, your writing makes a lot of sense, however you can't convince stupid people don't look too far, those people they look at thier belles button no farther away, they bury thier head in sand, have a good weekend.